Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1887-04-21
A WOMAN BANK SWINDIE
Mrs. Sarah E. Hove, of Woman,
Fame, Again Disappears With
$4,000.
Warrants Issued for Her Arras,
the Police Looking for Her. brt
She is not to be Found.

BosroN, Mass, April 15.-The Won.
bank, or Ladies' Deposit as il was g.
erly called, the mysterious swindle W.
when it was exposed three years seo
traeted the attention of the cnti,s.
try because of its novelty and the
mensity of its operations, has sgsi,
ploded, and TO night the police ara
ing for Mrs. Sarah L. Howe, its so...
president. Mrs. Howe was, IL NAV ~
membered, convicted of swindlipg
sentenced TO three years in the hons
correction, sentence which evoks5 /
published anathemas of Gail Hama
and other numerous other strong nina.
but illogical women, who Indignant, /.
claimed against the destruction ~
philsnthiopic enterprise which va, !.
culated to UNNECESSARILY benefit the Va.
er sex.
Upon emerging from prison Mr. Fl,
resumed business, and her crelr,.
dupes are this time again Numbered
the hundreds. She adhered to her NJ,
inal plan, which was 90 receive demos.
and pay thereon the extraordinary Bs
est of 8 per cent. q month. No men "
to be permitted TO share in this bonn,
it was solely for poor women. and
poor women eagerly bit at the hook n
complete expo.ure of the fra1lts
character of the scheme which was d.
in the newspapers has appareutly
little or no effect upon the bushes
the so-called bank, and the house on VI
Concord street where Mrs. Howe has |
late held forth, has been frequenta
all hours by women from all sections
New England.
Last evening Il sharp down east p.
Miss Sophie Sanderaon, of Augusta n
rang the bell.
rs Mrs. Howe ~ was asked.
mo, she is not in, was the reply.
"When will she be in? I'm one Of
depositors in her bank, and must see M
said the young lady.
/ 'MRs HOWE has SKIPPED,
and taken $4,000 with her" said the ns|
and he shut the door. as if it was i
necessary to say anything further
Miss Sanderson at once placed the c,s
in the hands of the police. According.
her story, and there are hundreds Iks 4
she disposited $40 with Mrs. Howe Id
December, upon the advice of frisp
who told her that Mrs. Howe's scheme ID
a good thing to go into, Mrs. Howe al
copied the $40, agreeing to allow her 4
a month intrest upon it for three months
that is, she might call for it at the end 4
three months, and would then be girs
800 whichIwould be the $40 principals 50.
S2l interest. At the end If three mOrit,
or in March, Miss Sanderson came to Nd
city from Augusta, Me, and called um.
/ TO get her money. She was inforra
/ that Mrs. Howe was and had been I'll
and that she could not attend to her 81
/ then, but that if she could come in lrI
she could get the 500 with NJ
! intrest. Miss Sanderson was inch
ed to be suspicious, but she thOuli
! that she woD wait month a..
see what Mrs. Howe would say or do, "
came to Boston yesterday, with the reici
above stated. The police have known :
along that Mrs. Howe had resUmed lF
former business, but having received .
CON plants they had taken no action
/ the matter. Some of the woman's dula
/ IL is said, learned fortnight ago ~
there was danger of her skipping ont
but so blind was their confidence IN %
philanthropy and disinterested bene
lence that they did not even ask for ''7
money.
Miss Sanderson has obtained little y
4 in her search for the swindler. The at
trict attorney and the municipal coa'
| Judge both declined 20 issue Wa'Hi,
saying that Mrs. Howe had so cover.
/ herself in her transactions that she col-
not be convicted. The police offic f''@
are az work on the case were then Y
/ formed by her that she could prodal
three other women who could swear '4
they have been swindled at the 'o3,'
and an hour was set for consulRl' I.
hut it passed without the appearan@ y
the women. They have probably N''
Guieted into believing that every'6ls .
. all right. It is said that there have ".
I many large Withdrawals from the 'ol, I.
Of late, and that Mrs. Howe fed lh 1.
anticipation of the time when ~, /.
without an inflow of deposits, she ''-'
be unable TO pay interest.